Amazons future looks to be coming to a closeIts a very tough market to predict with so many economic issues going on in todays world.
I took a chance on this company and held for a long time until recent years.
Cashing out was the smartest decision at the peak of such a long rally.
Nobody is expected to hold forever. Jeff Bezos was cashing out and officially stepped down
so that should of been a signal for everyone to start selling. The future looks dim and overall
confidence in the growth of this company moving forward into 2030's is a big NO...
So the big question is whats next. Will they expand into a new area of the market "possible"
Much debate on the future of Amazon. It got so big and people are cashing out on the gains.
I will be watching for some announcement mid 2024 to mid 2025.